Apply for a Refund
To withdraw or transfer contributions and interest, you and your last
VRS employer must complete a Request for Refund VRS-3
57kb. VRS usually processes a refund within 45-60 days after all payroll reports from your employer to VRS are updated or the date VRS receives the completed refund request form, whichever is the later date.
Before You Take a Refund
If you take a refund of the contributions in your account, you lose membership in VRS and you lose the service credit represented by the amount refunded. You also lose the right to receive a lifetime monthly benefit at retirement. Purchase of this service later (when you are employed in a covered position) may be based on a higher salary.
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